Wellington's housing market is ending the year on an upwards trajectory.

Latest One Roof-Valocity figures show the nationwide average property value has jumped 2% in the past three months, to reach $968 thousand.

Wellington prices are up 2%, while Auckland's are up 2.5% and Canterbury's are up 1.7%.

OneRoof Editor Owen Vaughan says interest rates are still inhibiting price growth.

He says while we've dusted ourselves off and we're getting back on our feet, we're not seeing the rampant growth we saw during the boom time.

LISTEN ABOVE

Wellington's housing market is ending the year on an upwards trajectory. 
Latest One Roof-Valocity figures show the nationwide average property value has jumped 2% in the past three months, to reach $968 thousand. 
Wellington prices are up 2%, while Auckland's are up 2.5% and Canterbury's are up 1.7%. 
OneRoof Editor Owen Vaughan says interest rates are still inhibiting price growth. 
He says while we've dusted ourselves off and we're getting back on our feet, we're not seeing the rampant growth we saw during the boom time. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.